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Monday, April 29, 2024

SCB-Julius Baer sets out global outlook

Ms Lalitphat, centre, and Mr Tan, left, at the ‘Market Outlook 2023: Opportunities amidst Uncertainty’ seminar held by SCB-Julius Baer Securities.

SCB-Julius Baer Securities Co recently organised an exclusive seminar for its ultra-high-net-worth clients titled “Market Outlook 2023: Opportunities Amidst Uncertainty”.

The seminar covered the bank’s economic outlook for 2023, expectations of lower inflation and slower economic growth in 2024, key investment highlights, and divergence between global economies.

Commenting on the global economic outlook and why a global recession is unlikely, chief executive Lalitphat Toranavikrai said: “Our market outlook for 2023 suggests this will be a cool-down year, with trends from the past year…

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